Commission Free - How does it work?
Unlike many, major leisure based Online Travel Agents (OTAs) Nomad Stays do not charge Stays a commission.
Instead, we charge nomads a Booking Fee to lock in your room and deal. The Booking Fee is usually calculated as a markup to your Wholesale price of around 12%.
We add these together to show the nomads a total fee to them.
If your Stay business is new or not used to dealing with the wider travel industry, then you may be unfamiliar with wholesale rates.
Most travel agent, wholesalers and travel distribution groups expect to buy your products at a 'wholesale' rate. A special lower rate to tap into the larger distribution reach of the agent. Many agency groups won't take you on unless your wholesale rate is at least 20% below your retail rate (your walk-in rate or rate you sell to the public).
In many of your travel agency agreements your wholesale rate will be set at a certain percentage less than your retail rate, which means when you have a special offer your travel agent wholesale rate for that special offer also goes down.
More Flexibility with Nomad Stays
Public reports by the major public leisure platforms and agencies show a typical accommodation booking is less than 2 nights. A few days is quite a normal booking length for the billions of the short-term, leisure industry travelers around the world.
With Nomad Stays however your minimum booking is 7 nights, resulting in longer and larger bookings.
With Nomad Stays you have an opportunity to put together longer packages at appealing low, average nightly-rates, that can result in larger bookings and better yield. Plus, they are presented specifically to digital nomads on our specialist digital nomad platform.